Gateway of Hope Comanche LLC

Analysis

Gateway of Hope Comanche LLC is a registered charity in United States, based in Comanche, TX. It received its IRS tax-exemption ruling in October 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gateway of Hope Comanche LLC reported income of $66k and spending of $99k, spending 150% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $75k to $66k (-12%), an average of -12% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gateway of Hope Comanche LLC sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within TX. Charities of a similar size with the same main cause include Blake Bortles Foundation Inc ($66k), Ruth Stultz Nursery School Inc ($66k) and Lui Foundation Inc ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.